7, GRANT DRIVE, WALMER BRIDGE, PRESTON, PR4 5QR - £197,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GRANT DRIVE is a very small semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £245,914. It was last sold for £197,500 in December 2020, which was around 20% above the average December 2020 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 GRANT DRIVE Sold Prices

Land registry data shows three sales for 7 GRANT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. All of the three 7 GRANT DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 14 DEC	£197,500	£164,688	20% above HPI
2010 25 AUG	£143,950	£141,091	2% above HPI
2003 14 FEB	£95,000	£87,590	8% above HPI

7 GRANT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 7 GRANT DRIVE sales between February 2003 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 GRANT DRIVE be worth now?

7 GRANT DRIVE might now be worth an estimated £245,914.

This is based on house price inflation of 24.5%, between December 2020 and February 2025, for semi-detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 7 GRANT DRIVE of £197,500 on 14th December 2020. For the value to have increased from £197,500 to £245,914 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 GRANT DRIVE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The December 2020 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GRANT DRIVE has not materially changed since December 2020.

How Large is 7 GRANT DRIVE?

7 GRANT DRIVE is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in Walmer Bridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walmer Bridge, and where 7 GRANT DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 7 GRANT DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Walmer Bridge.

7 GRANT DRIVE: Plot and Title Map

7 GRANT DRIVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 7 GRANT DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 GRANT DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 GRANT DRIVE?

7 GRANT DRIVE is located in WALMER BRIDGE, in the PR4 postcode district. The below map shows the position of No. 7 on GRANT DRIVE.